Johnson Outdoors Inc. sales declined 20.1% to $65.3 million in the fiscal fourth quarter ended Oct. 2, but losses declined significantly in comparison to a year ago when the company took $44.5 million in non-cash goodwill and asset impairment charges…
Category: Apparel
Phoenix FW’s Q3 Revenues Fall 32%
Phoenix Footwear Group, Inc. reported final profit for the third quarter of fiscal 2009 was $60,000, or 1 penny per share, compared to a net loss of $2.1 million in the year-ago period…
TAF Parent Slashes Q3 Loss; Revenues Down 11%
NexCen Brands, Inc., the parent of The Athlete's Foot, cuts its loss in the third quarter ended Sept. 30, to $1 million, or 1 cent a share, from $38.4 million, or 68 cents, in the year-ago period. Excluding businesses that have been sold, the year-ag
VF Outdoor Launches Value-Oriented Backpacks
VFC is launching two new backpack brands, Wolf Creek and L8R, in an effort to address a broader audience and leverage the company’s strong sourcing structure. The two brands were created to help retailers in both existing and new channels who have b
TNF Expands Local PlanetExplore Web Presence to Denver
The North Face launched a new Denver local marketing site dubbed, “PlanetExplore.” The website is billed as a new online community that connects people to the outdoors in meaningful ways by serving as a hub for local outdoor activities and eve
NRF Disappointed by Senate Health Reform Bill
The National Retail Federation expressed disappointment in the Senate health care reform bill introduced by Majority Leader Harry Reid, D-Nev…
Son Replaces Father as CEO at CytoSport
Michael Pickett is replacing his father Greg Pickett as president and CEO at the sports nutrition company Cytosport. Greg Pickett, who led the company with Michael Pickett since its inception, will remain the chairman of the board of directors. Michael Pi
Hibbett’s Q3 Earnings Rise 15%; Comps Dip 0.2%
Hibbett Sports, Inc.'s sales increased 4.1% for the 13-week period ended Oct. 31, to $145.9 million compared with $140.1 million a year ago. Comps decreased 0.2%. Net income advanced 14.7% to $8.8 million, or 30 cents a share, from $7.7 million, or 2
Timberland Targets UN Leaders With Online Campaign
The Timberland Company launched an online campaign, dubbed Don’t Tell Us It Can’t Be Done, to encourage people to challenge government leaders attending the United Nation’s Conference on Climate Change (COP15) in Copenhagen this December
Accell Group Expects Higher Turnover and Profit
European bicycle maker Accell Group reiterated that it expects a higher turnover and an increase in net profit of around 10% compared to 2008. Still the company said fitness sales were down, in part because distributors could not obtain financing to buy i
James Curcuruto Joins NSSF as Dir. of Industry Research and Analysis
The National Shooting Sports Foundation (NSSF) has appointed James Curcuruto as director, industry research and analysis. The association saifd Curcuruto brings more than 15 years experience in the research, analysis, sales, marketing and advertising fiel
Famous Footwear’s Joe Wood to Retire, Brown Shoe Hikes Q3 Guidance
Brown Shoe Company, Inc. announced that division President-Retail Joe Wood plans to retire in 2010. Rick Ausick will assume the role of Division President-Famous Footwear. Brown Shoe also said it expects third quarter earnings to increase over year-ago le
Heelys Woes Continue as Q3 Domestic GM Nears Zero; Japan Keeps International Alive
Heelys, Inc. continued to swirl deeper into insignificance in the third quarter as domestic sales plummeted nearly 83% and the company came close to losing money on every pair it sold in the U.S. as gross margins approached zero percent of sales…
Asics Corp. Q2 Sales Fall 10.2%
Asics Corporation posted a 10.8% decrease in revenues for the fiscal second quarter ended September 30. Total consolidated worldwide revenues were ¥110.8 billion ($1.18 bn), compared to ¥124.2 billion ($1.23 bn) in the year-ago quarter…
Backcountry.com Finding Profitable Growth Amid the Recession
Although it's seeing some price resistance along with many other retailers, Backcountry.com continues to generate sales gains year-to-date and remains profitable. Backcountry.com's parent, Liberty Media, reported third quarter results last week